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Rounak Jain
13 Aug 2022, 07:00

Here’s how much banks have increased home loan interest rates

Here’s how much banks have increased home loan interest rates

Here’s how much banks have increased home loan interest rates

Rising inflation resulted in central banks around the world hiking interest rates. This has also spilled over to an increase in home loan interest rates, resulting in an increase in home loan EMIs. Here’s how much India’s biggest banks have increased home loan interest rates in 2022. Home loan EMIs have gone up for almost everyone, regardless of their credit scores, tenures or loan amounts.

RBI cancels license of Pune-based Rupee Cooperative Bank, says 99% depositors will receive full refund
Rounak Jain
10 Aug 2022, 18:00

RBI cancels license of Pune-based Rupee Cooperative Bank, says 99% depositors will receive full refund

Pune-based Rupee Cooperative Bank was undergoing insolvency proceedings and will now be liquidated. It had already repaid ov...

HDFC seals world’s largest social loan worth $1.1 billion for affordable housing
Eetika Kapoor
05 Aug 2022, 15:00

HDFC seals world’s largest social loan worth $1.1 billion for affordable housing

Mortgage lender HDFC Ltd on Friday announced the completion of a $1.1 billion syndicated social loan facility.